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Here is a masonry blog layout with no sidebarUnited States now averaging 100,000 new Covid-19 infections a day
The virus is spreading quickly through unvaccinated populations, especially in the Deep South. Florida, Louisiana and Mississippi have had hospitals overrun with patients.
The US first crossed the 100,000 average number in November and peaked at about 250,000 in early January before bottoming out in late June.
Cash glut at Warren Buffett’s Berkshire may trap tech titans next
Heart, stroke risks climb after COVID-19; flu shots may be protective
9 trends to watch as aviation readies for post Covid-19 takeoff:Allianz
The sudden halt imposed on the aviation industry by the Covid-19 crisis hit the sector hard. In April 2020, two-thirds of the global commercial aviation fleet sat idle on the tarmac, while passenger traffic was down 90% year-on-year. Today, the aviation industry is slowly rebounding, led by domestic travel.
As more aircraft return to the skies, a new report from aviation insurer Allianz Global Corporate & Specialty (AGCS) highlights some of the unique challenges airlines and airports face as they restart operations – ranging from “rusty” pilots to insect infestations. It also identifies a number of ways in which Covid-19 is reshaping the sector, driving long-term changes in fleet composition, flight routes and passenger demand.
Tech titans Amazon, Google, Microsoft join US cyber team to fight ransomware
The tech giants are among firms signed on to be part of a Joint Cyber Defense Collaborative intended to combine government and private skills and resources to fight hackers, according to the Cybersecurity and Infrastructure Security Agency (CISA).
“With these extraordinarily capable partners, our initial focus will be on efforts to combat ransomware and developing a planning framework to coordinate incidents affecting cloud service providers,” said CISA director Jen Easterly.
Government has no plan at present to block any social media platform: MoS IT
Minister of State for Electronics and IT Rajeev Chandrasekhar said the government receives various grievances from users about hate content on social media platforms and responds to them in an appropriate way.
The government regularly interacts with social media intermediaries on various issues, including issuing advisories to make these intermediaries safe and accountable to users,. he said.
Amazon-Future-Reliance case: SC holds Emergency Award enforceable in India
Amazon has a 49 percent stake in FCPL, which in turn owns a 9.82 percent stake in FRL. Amazon’s contention is that it has invested Rs.1431 crore in FCPL on the clear understanding that FRL would be the sole vehicle for its retail business and its retail assets would not be alienated without consent and never to a ‘Restricted Person’. FRL, on the other hand, has objected to the enforcement of the EA award saying that it is not an order under Section 17(1) of the Arbitration and Conciliation Act and hence not enforceable in India.
Cars fueled by ethanol can add to India’s food inflation
RBI keeps policy rate unchanged,raises inflation forecast
COVID-19: India logs 44,643 new cases, 464 fatalities
Lok Sabha passes bill to end all retrospective taxation
The Finance Act 2012, which amended various provisions of the Income Tax Act, 1961 with retrospective effect, contained provisions intended to tax any gain on transfer of shares in a non-Indian company, which derives substantial value from underlying Indian assets, such as Vodafone’s transaction with Hutchison in 2007 or the internal reorganisation of the India business that Cairn Energy did in 2006-07 before listing it on local bourses.
Moody’s to acquire risk modelling firm RMS for $2 billion
The acquisition will immediately increase Moody’s insurance data and analytics business to nearly $500 million in revenue and will accelerate the development of the company’s global integrated risk capabilities to address the next generation of risk assessment.
With over 400 risk models covering 120 countries, RMS is the world’s leading provider of climate and natural disaster risk modeling serving the global property and casualty (P&C) insurance and reinsurance industries.
Medium, heavy passenger EVs increase from 124 in 2018 to 1,356 as on date: Gadkari
In a written reply to a query in the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said the number of electric vehicles registered for transport of cargo has increased from 6,246 in 2018 to 27,645 as of date, according to Vahan 4 records.
Gadkari said that under the Phase-I of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) scheme, 425 electric buses were supported.
DST receives 478 proposals to study effects of yoga, meditation in fighting Covid
”During the year 2020-21, the department had announced a special call under SATYAM programme to combat with COVID-19 and related viruses in order to explore the effect of yoga and meditation as add on therapy under three broad thematic areas viz. immunity, respiratory system and stress, anxiety and depression, Science and Technology Minister Jitendra Singh said on Friday.,” ‘
COVID-19 Pandemic:UK govt partners with Lloyd’s to launch $1 Billion reinsurance scheme to cover music festivals
The insurance will be available from Lloyd’s of London syndicates including Beazley, Hiscox and Munich Re, with the government acting as a reinsurer.
“With this new insurance scheme, everything from live music in Margate to business events in Birmingham can go ahead with confidence,” British finance minister Rishi Sunak said.
Africa Specialty risks launches Bermuda reinsurer
Tokyo Olympics cost USD 15.4 billion. What else could that buy?
South Korea to compensate nurse paralysed after Covid-19 shot
AstraZeneca has been granted protection from product liability claims related to its Covid-19 vaccine by most of the countries with which it has struck supply agreements.
After reports of a rare blood clots associated with the vaccine this year, several countries announced restrictions on its use in younger people.
In Asia, countries including Singapore, Australia, Thailand and Malaysia have financial assistance programmes or set up compensation funds for those who suffer serious side effects from vaccines.